China grants RMB 550 million for infrastructure development in Nepal (Linked to Record ID #38351)

¥550K RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Nepal
Country	Nepal
Start Date	Jan 14, 2012
End Date	Jul 21, 2032
Duration	7,494 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`34429`

Grant Description

On January 14, 2012, the Chinese Government signed an agreement for the provision of a total of RMB 750 million to the Government of Nepal for unspecified infrastructure projects.

This agreement stipulated that China would provide RMB 200 million every year for three years as well as RMB 150 million over the course of the entire three year period.

One of the RMB 200 million grants was provided through an Economic and Technical Cooperation Agreement (see Record ID #38351). This record captures the remaining RMB 550 million.

📚 Sources & References

China pledges $750 million assistance
Chinese PM in Nepal: A short visit but a long trail?
China offers $750M in Nepal aid during Wen visit
Nepal Newspaper Published Ambassador Yang Houlan's Article: Growing Together
驻尼泊尔大使杨厚兰在中尼关系研讨会上的讲话
China pledges $750 million assistance
温家宝访问尼泊尔签署援助协议 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.